Plumbers & Pipefitters Local 693 Health & Welfare Fund
501(c)(9)
Only null% goes to programs Strong reserves Declining revenue
Plumbers & Pipefitters Local 693 Health & Welfare Fund is a 501(c)(9) organization based in S Burlington, Vermont, registered in 1966, with $227,014 in FY2024 revenue. CharityIndex grades it C+.
3 Gregory Dr, S Burlington, VT, 05403 EIN 03-6012626 Since 1966
Revenue (FY2024)
$227K
▲ 37.8% vs prior year
Expenses (FY2024)
$266K
Net assets
$420K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Plumbers & Pipefitters Local 693 Health & Welfare Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating19 mo reserves · -17% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Plumbers & Pipefitters Local 693 Health & Welfare Fund: 19 mo reserves · -17% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Plumbers & Pipefitters Local 693 Health & Welfare Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Plumbers & Pipefitters Local 693 Health & Welfare Fund: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 3 Gregory Dr, S Burlington, VT, 05403
- City
- S Burlington
- State
- Vermont
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue declined from $2.1M (FY2013) to $227K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $43KNet assets $420K
Operating margin
-17.3%
Spent more than it raised in the latest fiscal year.
Total assets
$463K
Total liabilities
$43K
Net assets
$420K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $227,014▲37.8% | $266,310▲208% | $420,247▼8.6% | $463,051▼10.0% | 990 |
| 2023 | $164,799▼22.8% | $86,362▲11.0% | $459,543▲20.6% | $514,374▼22.2% | 990 |
| 2022 | $213,347▼56.1% | $77,837▲9.4% | $381,106▲55.2% | $660,794▲22.7% | 990 |
| 2021 | $485,774▲147% | $71,154▼30.5% | $245,596▲245% | $538,508▲206% | 990 |
| 2020 | $196,421▼18.8% | $102,345▼82.6% | -$169,024▲35.8% | $175,789▼53.7% | 990 |
| 2019 | $241,814▼89.2% | $586,649▼79.2% | -$263,100▼422% | $379,833▼32.7% | 990 |
| 2018 | $2,245,240▼4.5% | $2,816,614▲2.5% | $81,735▼87.5% | $564,294▼14.0% | 990 |
| 2017 | $2,350,895▲1.0% | $2,748,047▼9.3% | $653,109▼37.8% | $656,078▼38.1% | 990 |
| 2016 | $2,327,052▲12.0% | $3,030,380▼13.3% | $1,050,261▼39.6% | $1,060,399▼39.8% | 990 |
| 2015 | $2,077,583▼18.5% | $3,496,053▲11.9% | $1,739,185▼47.2% | $1,760,115▼46.6% | 990 |
| 2014 | $2,549,569▲18.7% | $3,123,587▲15.7% | $3,293,891▼17.2% | $3,298,775▼17.2% | 990 |
| 2013 | $2,147,976 | $2,700,191▲9.4% | $3,978,809▼8.3% | $3,983,105▼9.1% | 990 |
| 2012 | — | $2,468,598▲21.1% | $4,337,847▼8.2% | $4,383,686▼7.2% | 990 |
| 2011 | — | $2,038,609 | $4,723,264 | $4,723,777 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Plumbers & Pipefitters Local 693 Health & Welfare Fund a legitimate nonprofit?
- Yes. Plumbers & Pipefitters Local 693 Health & Welfare Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 03-6012626, based in S Burlington, Vermont.
- What is Plumbers & Pipefitters Local 693 Health & Welfare Fund's EIN?
- Plumbers & Pipefitters Local 693 Health & Welfare Fund's Employer Identification Number (EIN) is 03-6012626.
- How much revenue does Plumbers & Pipefitters Local 693 Health & Welfare Fund report?
- Plumbers & Pipefitters Local 693 Health & Welfare Fund reported $227,014 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Plumbers & Pipefitters Local 693 Health & Welfare Fund have?
- CharityIndex grades Plumbers & Pipefitters Local 693 Health & Welfare Fund C+, based on financial health (reserves and operating margin).
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Data for Plumbers & Pipefitters Local 693 Health & Welfare Fund (EIN 03-6012626) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.